Item 2. PROPERTIES

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Item 2. PROPERTIES

The following table sets forth the location, approximate square footage and use of our material properties during fiscal 2019:



Location	Owned / Leased	Approximate Square Footage		Use
Americas:
San Jose, California	Owned & leased	1,081,000	(1)	Research, product development, sales, marketing and administration
San Francisco, California	Owned & leased	657,000	(2)	Research, product development, sales, marketing and administration
APAC:
Bangalore, India	Owned & leased	422,000	(3)	Research, product development, sales and administration
Noida, India	Owned & leased	554,000	(4)	Research, product development, sales and administration
EMEA:
Greater London Area, United Kingdom	Leased	92,000		Product development, sales, marketing and administration


(1)	We own approximately 989,000 square feet of our San Jose properties where our headquarters is located.


(2)	We own approximately 346,000 square feet of our San Francisco properties


(3)	We own approximately 250,000 square feet of our Bangalore properties.


(4)	We own our Noida properties except for a land lease for one of our buildings. The term for the land lease is until 2091.

We lease or sublease the properties we occupy under operating leases. Such leases expire at various times through 2031, with the exception of our ground lease in Noida.

In general, all facilities are in good condition, suitable for the conduct of our business and are operating at an average capacity of approximately 95%.

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